The Ups & Downs of the Medallion

The Ups & Downs of the Medallion

The taxi industry has been going through much turmoil in recent months; from dropping medallion prices to rideshare protests to job losses. Take a look at this TaxiFareFinder infographic that outlines the rise (and recent fall) of medallion prices in New York City. The sharp decrease is thought to be caused by rideshare services, so it will be interesting to see the final outcome for medallions, the taxi industry, and the rideshare industry.

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